10/14/2020 ALABAMA POWER DIVIDENDS DECLARED

The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company’s outstanding preferred stock as follows:

Preferred Stock

($100 Par Value)

4.20% – $1.05 per share

4.52% – $1.13 per share

4.60% – $1.15 per share

4.64% – $1.16 per share

4.72% – $1.18 per share

4.92% – $1.23 per share

Class A Preferred Stock

($25 Capital Value)

5.00% – $.3125 per share

These dividends are for the quarter ending December 31, 2020, payable January 1, 2021, to shareholders of record on December 17, 2020.

Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provides reliable, affordable electricity to more than 1.4 million customers across the state. Learn more at www.alabamapower.com.